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Fincash » Mutual Funds » IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage (ELSS) Fund - G

NAV  ₹56.84 ↓ 0.44   (0.78 %) as on 23 Jan 20

Scheme Objective

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR return of 17% since its launch.  Ranked 3 in ELSS category.  Return for 2019 was 1.9% , 2018 was -9.4% and 2017 was 53.4% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

NAV as on 23 Jan 20₹56.84 ↓ 0.44   (0.78 %)
Net Assets (AUM) as on 31 Dec 2019 ₹2,119 Cr.
Launch Date26 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDFC Asset Management Company Limited
Alpha Ratio-9.84
Expense Ratio2.22 %
Sharpe Ratio-0.014
Information Ratio-0.39
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 20

DurationReturns
1 Month 3.9%
3 Month 6.8%
6 Month 6.5%
1 Year 8.3%
3 Year 11.5%
5 Year 8.2%
10 Year
15 Year
Since launch 17%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
2011 -23.3%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,690
31 Dec 16₹10,734
31 Dec 17₹16,461
31 Dec 18₹14,913
31 Dec 19₹15,203
IDFC Tax Advantage (ELSS) Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.36%
Equity95.63%
Other0.01%
IDFC Tax Advantage (ELSS) Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services28.9%
Industrials16.45%
Basic Materials13.02%
Consumer Cyclical12.58%
Technology7.57%
Energy6.24%
Health Care4.2%
Consumer Defensive3.95%
Utility1.41%
Communication Services0.66%
IDFC Tax Advantage (ELSS) Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
8%₹167 Cr3,250,000
↓ -50,000
Triparty Repo
CBLO/Reverse Repo | -
4%₹93 Cr
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹92 Cr2,700,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹87 Cr680,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹85 Cr550,000
↑ 50,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
4%₹77 Cr1,100,000
↑ 240,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹74 Cr1,000,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹60 Cr1,600,000
↑ 75,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
2%₹47 Cr1,375,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹47 Cr1,650,000
↑ 75,000
1 - 10 of 78
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Fund Managers

NameSinceTenure
Daylynn Pinto20 Oct 162.61 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Svcs
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
IDFC Mutual FundTower 1, 6th Floor, One IndiaBulls Centre, 841,Senapati Bapat Marg, Elphinstone Road (West)

Auditors

CompanyAddress
Deloitte Haskins & Sells12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDFC Tax Advantage (ELSS) Fund
Growth
₹56.84
↑ 0.44
6.5 %8.33 %11.47 %8.23 %
IDFC Tax Advantage (ELSS) Fund
Normal Dividend, Payout
₹16.59
↑ 0.13
6.55 %8.01 %10.12 %7.29 %
Data as on 23 Jan 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.